Top Companies In Medical Beds Market are Stryker Corporation, Hill-Rom Holdings, Inc., Getinge AB, Invacare Corporation
Medical beds are specially designed for patients to provide them with extra comfort, relief, and convenience during the time of hospitalization. Increasing prevalence of diseases, frequent outbreaks of pandemic such as corona, Ebola, and growing investments on healthcare facilities such as hospitals and clinics are the major factors driving demand for medical beds ultimately leading to market growth.
Technological advancements in terms of portability, utilities, cost-effectiveness and patient comfort have resulted into various innovations in medical beds such as adjustable side railings, automatic height adjustability, fiber-made body, and multi-storage facility. Population over 60 years old are more prone to spinal injuries, cancers, cardiac problems, and neurological disorders, as they have low immunity levels. Prevalence of aging population has surged over the past few years, leading toward increased incidences of hospitalization. Rising medical emergencies have compelled healthcare providers to be equipment-ready, in a bid to cater emergency situations. Hospitals and ambulatory surgical centers (ASCs) are buying medical supplies such as fully-automated beds for ensuring patient safety and comfort.
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International & Regional Players focusing on Extension of their Products & Services
Distinguished by the presence of numerous vendors, the global medical beds market is highly competitive in nature. The international as well as regional market players, with their strong market penetration and wide geographic reach, are now focusing on extending their products & services for gaining a competitive edge. However, regional vendors are finding it challenging to keep up with international players in terms of market reach, pricing, quality, and financial resources.
The healthcare sector has been witnessing a gradual inclination towards home-based services, from hospital-based services. This is mainly because healthcare services offered in hospitals, particularly during long duration of stays, are expensive. Long-term home-based healthcare services reduces the overall costs for patients. This has been encouraging manufacturers & suppliers to increase their production capacities, in a bid to provide semi-automated and manual beds for home-based healthcare services.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Competition Tracking
Leading players in the global medical beds market are focusing on offering innovative products and extensive services, with an aim of increasing and retaining trust of the end-users. With international players continuously concentrating on extension of their market footprint, regional vendors are finding it difficult to cope up with them in terms of financial resources, market reach, pricing, and quality. Fact.MR’s report has provided a list of companies contributing to growth of the medical beds market worldwide, which include Stryker Corporation, Hill-Rom Holdings, Inc., Getinge AB, Invacare Corporation, Amico Corporation, Medline Industries, Inc., LINET spol. s r.o., Stiegelmeyer GmbH & Co. KG, Span-America Medical Systems, Inc., and Merivaara Corp.
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